About Dugar Finance
Dugar Finance is a Financial Services company based in Chennai (India) founded in 1987. Provider of MSME, vehicle, mortgage, and solar loans. Dugar Finance has raised $5 million across 6 funding rounds from investors including Symbiotics Group, Union Bank of India and Karur Vysya Bank. Its chief executive, as recorded, is S Rangaraj. Its focus areas include FinTech, Alternative Lending, Online Lenders and Diversified.
Company details
Dugar Finance was established in 1987 in Chennai, India, within the financial services sector. Loans for micro, small, and medium enterprises, vehicles, mortgages, and solar installations are offered. Operations center on delivering credit to individuals, entrepreneurs, and small businesses, with emphasis placed on business financing, electric vehicle loans, and property mortgages. Geographic focus remains in India, supporting accessible borrowing needs.
- Headquarters Chennai, India
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website dugar.co.in
- Social LinkedIn Facebook
- Total Equity Funding$5M (USD)
in 6 rounds
- Latest Funding Round$5M (USD), Seed
Mar 2026
- InvestorsSymbiotics Group
& 5 more
Funding Insights of Dugar Finance
Dugar Finance has successfully raised a total of $5M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $5 million completed in March 2026. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $5M
- Total Rounds 6
- Last Round Seed — $5M
- First Round $316,165
(Mar 2013)
- Investors Count 6
All 6 funding rounds of Dugar Finance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2026 | $5M | Seed | – | – | – |
| Dec 2025 | $18M | Debt – Conventional | – | Symbiotics Group | |
| Jun 2025 | $3M | Debt – Conventional | – | – | |
| Mar 2025 | $584,420 | Unspecified | – | – | – |
| Mar 2015 | $477,996 | Unspecified | – | – | – |
| Mar 2013 | $316,165 | Unspecified | – | – | – |
6 investors in total: 6 institutional.
Investors in Dugar Finance
Dugar Finance has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Symbiotics Group, Union Bank of India and Karur Vysya Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact investing is managed through private equity by Symbiotics Group. | symbioticsgroup.com | Geneva, Switzerland | ||
| unionbankonline.co.in | ||||
| kvb.co.in | ||||
| iob.in | ||||
| tmb.in | ||||
| stcionline.com |
Investor details for Dugar Finance
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Dugar Finance
1 people are tracked at Dugar Finance (1 in leadership).
| Name | Role | Group |
|---|---|---|
S Rangaraj | CEO | Leadership |
Complete people profiles for Dugar Finance
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Dugar Finance
3 dated milestones of Dugar Finance across 39 years, from founding to its latest funding, stage changes and deals.
- Founded Dugar Finance is founded.
- Funding First funding round of $316K.
- Funding Latest funding round, Seed, of $5.0M.
Web traffic of Dugar Finance
The website of Dugar Finance (dugar.co.in) receives about 1.5K visits a month.
- Monthly visits1.5K
▼ 4% vs previous month
Top companies in Alternative Lending
3 companies that operate in the same segment as Dugar Finance (Alternative Lending) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment acceptance and processing solutions provider for businesses | 2018 | Gurugram, Haryana, India | USD 589.25 M | USD 179.52 M | 3,670 | |
Technology platform for real estate transactions and mortgages is provided. | 2014 | Gurugram, Haryana, India | USD 97.98 M | USD 28.9 M | 9,619 | |
Financial services are provided, specializing in personal and business loans. | 2016 | Mumbai, Maharashtra, India | USD 320.39 M | USD 106.45 M | 2,161 |
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Frequently Asked Questions about Dugar Finance
Dugar Finance was founded in 1987 and raised its 1st funding round 26 years after it was founded.
Dugar Finance is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
S Rangaraj is the CEO of Dugar Finance, as recorded in our data.
Dugar Finance is a funded company, having raised a total of $5M across 6 funding rounds to date. The company's 1st funding round was a Unspecified of $316.17K, raised on Mar 2013.
Dugar Finance was established in 1987 in Chennai, India, within the financial services sector. Loans for micro, small, and medium enterprises, vehicles, mortgages, and solar installations are offered. Operations center on delivering credit to individuals, entrepreneurs, and small businesses, with emphasis placed on business financing, electric vehicle loans, and property mortgages. Geographic focus remains in India, supporting accessible borrowing needs.
Dugar Finance has 6 investors. Key investors include Symbiotics Group, Union Bank of India, Karur Vysya Bank, Indian Overseas Bank, and Tamilnad Mercantile Bank.